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RES 1984-18 - 00005339L u RESOLUTION NO. 18 - 1984 A RESOLUTION IN SUPPORT OF A BILL TO AMEND MINNESOTA STATUTES REGARDING INCENTIVES FOR NEW DEVELOPMENT WHEREAS, it is in the interest of the State of Minnesota to encourage new development throughout the state; and WHEREAS, it is in the interest of the City to encourage new development within the City; and WHEREAS, both the City and state are losing investments by businesses to competitive states; and WHEREAS, it is important to provide appropriate incentives for new development within the City and state. NOW, THEREFORE, BE IT RESOLVED that the City of Fridley does support the bill pending in front of the Legislature to amend Minnesota Statutes 1983 Supplement, Section 272.02, Subdivision 1. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 27TH DAY OF FEBRUARY, 1984. WILLIAM J. NE - YOR ATTEST: SIDNEY C. INMAN - CITY CLERK 23